You are given the sample mean and the population standard deviation. Use this information to construct the 90% and 95% confidence intervals for the population mean. Which interval is wider? If convenient, use technology to construct the confidence intervals.
A random sample of
45
gas grills has a mean price of
$648.40
Assume the population standard deviation is
$56.50
The 90% confidence interval is
We have given that,
Sample mean =$648.4
Population standard deviation=$56.5
Sample size=45
Confidence interval formula is
a) 90% confidence interval
=(634.55, 662.26)
b) 95% confidence interval
=(631.89,664.91)
95% confidence interval is wider than 90% confidence interval. |
You are given the sample mean and the population standard deviation. Use this information to construct...
#17 You are given the sample mean and the population standard deviation. Use this information to construct the 90% and 95% confidence intervals for the population mean. Which interval is wider? If convenient, use technology to construct the confidence intervals. A random sample of 34 gas grills has a mean price of $648.20 Assume the population standard deviation is $56.70 The 90% confidence interval is (______,______).
You are given the sample mean and the population standard deviation. Use this information to construct the 90% and 95% confidence intervals for the population mean. Interpret the results and compare the widths of the confidence intervals. If convenient, use technology to construct the confidence intervals. A random sample of 60 home theater systems has a mean price of $135.00 . Assume the population standard deviation is $15.90 . A.) the 90% confidence interval is B.) the 95% confidence interval...
You are given the sample mean and the population standard deviation. Use this information to construct the 90% and 95% confidence intervals for the population mean. Interpret the results and compare the widths of the confidence intervals. If convenient, use technology to construct the confidence intervals. A random sample of 45 home theater systems has a mean price of $127.00. Assume the population standard deviation is $19.20. Construct a 90% confidence interval for the population mean. The 90% confidence interval...
You are given the sample mean and the population standard deviation. Use this information to construct the 90% and 95% confidence ntervals for the population mean. Interpret the results and compare the widths of the confidence intervals. If convenient, use technology to construct the confidence intervals A random sample of 45 home theater systems has a mean price of $138.00. Assume the population standard deviation is 516.40. Construct a 90% confidence interval for the population mean. The 90% confidence interval...
You are given the sample mean and the population standard deviation. Use this information to construct the 90% and 95% confidence intervals for the population mean. Interpret the results and compare the widths of the confidence intervals. If convenient, use technology to construct the confidence intervals. A random sample of 60 home theater systems has a mean price of $113.00. Assume the population standard deviation is $17.90. Construct a 90% confidence interval for the population mean
AM You are given the sample mean and the population standard deviation. Use this information to construct the 90% and 95% confidence intervals for the population mean. Interpret the results and compare the widths of the confidence intervals. If convenient, use technology to construct the confidence intervals. A random sample of 35 home theater systems has a mean price of $144.00. Assume the population standard deviation is $15.60. Construct a 90% confidence interval for the population mean. The 90% confidence...
You are given the sample mean and the population standard deviation. Use this information to construct the 90% and 95% confidence intervals for the population mean. Interpret the results and compare the widths of the confidence intervals. From a random sample of 49 business days, the mean closing price of a certain stock was $113.41. Assume the population standard deviation is $11.13. a) The 90% confidence interval is (?) - (?)
You are given the sample mean and the population standard deviation. Use this information to construct the 90% and 95% confidence intervals for the population mean. Interpret the results and compare the widths of the confidence intervals. From a random sample of 39 business days, the mean closing price of a certain stock was $113.67. Assume the population standard deviation is $10.91. The 90% confidence interval is (1 , b). (Round to two decimal places as needed.)
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